If you have trouble properties, we have solutions!
Having trouble selling your house and can’t afford to let it sit empty? Or maybe you just can’t get enough rent to cover your costs. Then renting-to-own may be for you.
How it Works
We rent your home from you and then put a quality renter in place who will purchase your home at the end of the rental term (3-5 years). Best of all, this program will cost you nothing out of pocket and you get to continue to pay the mortgage off without having to do anything! In other terms you’re going to be an absentee landlord.
Benefits
Top sales price, even if demand is low: This system works because people are in need of housing today. However, there may be extenuating circumstances preventing them from buying today. Once the rental term ends, they have the option to buy your house from you at an agreed upon price.
Positive cash flow: We pay fair market rent and try to cover all of the property’s associated monthly costs.
Guaranteed rent: We rent from you, not the tenants who live there, so you only ever deal with us.
Save thousands in fees: On average, Realtor fees for selling a home in Calgary are now over $20,000. Since you are selling your home to us by owner, you will completely avoid this. You will also save on advertising costs because we find the buyers for you.
No repairs under $500: Tenants we place will be taking care of their new home which means that any repairs under $500 will be taken care of by them. No more phone calls about a clogged toilet in the middle of the night.
No headaches: Tenants who have a vested interest and believe they are a homeowner will feel a “pride of ownership” that encourages them to perform routine maintenance.
Tax shelter is held intact: Because you remain on the land title until the home is purchased, you maintain all of the tax benefits of ownership.
No vacancies: Once you have a renter in place, they will not leave because it is in their interest to keep renting from you, and no one else, until they are in a position to buy your house.
Peace of mind: It is safer than conventional rentals because of the quality of the tenants and their vested interest in your home. It also means that someone is living on-site who will watch and guard your home against fire, theft, vandalism, etc.
If you own a home and would like to rent it, call (403) 465-2288 or fill out the form below to describe the home you’d like to sell.